Khaleel Tetlay
128.8K posts

Khaleel Tetlay
@katetlay
From Toba Tek Singh and working for community development and poverty graduation. More power to the organised rural men and women! #NUFC

Almost 50,000 fans have joined our Season Ticket Waiting List, in an incredible show of support. 250 fans will be notified this week that they have been successful in their application, and remaining eligible applicants will enter a structured, tiered system for future access.

Almost 50,000 fans have joined our Season Ticket Waiting List, in an incredible show of support. 250 fans will be notified this week that they have been successful in their application, and remaining eligible applicants will enter a structured, tiered system for future access.


being from middle class or above, i have yet to find a "better" opportunity to leave Pakistan and move abroad. Pakistan is a gold mine of opportunities if one is smart enough to figure it out. The same amount of effort will produce higher outputs in Pakistan than anywhere else in the world




"The system.. will never change. Will never reform. The governing elite, regardless of which party, which institution or which civil services batch they belong, have too much invested in this rotting system to change it. Tinker it, yes. Reform it, no." tribune.com.pk/story/2611798/…



Reko Diq will generate $74b a year PAKISTAN is finally turning geology into geography – and geography into cash flow. Multi-billion-dollar financing — which once sounded like a story — has become real. The lender group includes IFC/IDA with up to $700 million, ADB with a $410 million package, DFC with up to $600 million, and US EXIM with $1.25 billion. Canada’s EDC is linked to a combined US EXIM–EDC tranche of $1.4 billion, while Germany’s KfW/Euler Hermes and Sweden’s EKN are reported as part of a combined $900 million European financing package. Finnvera of Finland is named in the lender group, though its individual dollar amount has not been publicly disclosed. Reuters reported that Reko Diq could generate up to $74 billion in free cash flow over 37 years. The first phase is expected to produce 200,000 tons of copper per year. A second phase could double that output. Production is expected by 2028. On a simple equity basis, the projected $74 billion in free cash flow would be shared as follows: Barrick Gold, with a 50 percent stake, would receive approximately $37 billion; the federal government (Pakistani SOEs), with a 25 percent stake, would receive approximately $18.5 billion; and the Government of Balochistan, with a 25 percent stake, would receive approximately $18.5 billion. Five facts: It is geology. It is copper. It is gold. It is Balochistan. It is exportable value. Reko Diq matters both to Pakistan and the world because the world is entering a copper age. Copper is the metal of electrification. Power grids need copper. Electric vehicles need copper. Renewable energy systems need copper. Data centres need copper. This is the good news: Pakistan has a world-scale asset at the exact moment the world needs copper. The reality: In the old energy economy, Pakistan imported oil, LNG and coal. In the new energy economy, Pakistan can export copper. Remember: Buried wealth is not national wealth – buried wealth becomes national wealth only when governance digs deeper than geology. Yes, the mountain is rich. The question is whether the state will be wise. Pakistan must treat Reko Diq not as a mine, but as a national development corridor. Pakistan must build rail. Pakistan must build power. Pakistan must build water systems. Pakistan must build local training institutes. Pakistan must build supplier networks. Pakistan must build a copper services industry. Pakistan must build transparency around royalties and provincial revenues. And Pakistan must build trust before distrust becomes more expensive than infrastructure. The good news is not that Pakistan has minerals. Pakistan has always had minerals. The good news is that Pakistan may finally be moving from possession to production. That is the difference. Reko Diq is not a loan. Reko Diq is not aid. Reko Diq is not a deposit. Reko Diq is an asset. If governed well, it can become a long-term stream of dollars, dividends, royalties, procurement, jobs and provincial income. Reko Diq will change Pakistan’s balance sheet. Pakistan must change the way it manages its assets. pakobserver.net/reko-diq-will-…

ووٹرز نے جی بی میں ہمیں 8 نشستیں دلوائی ہیں میں انہیں مبارکباد پیش کرتا ہوں، بیرسٹر گوہر



Reko Diq will generate $74b a year PAKISTAN is finally turning geology into geography – and geography into cash flow. Multi-billion-dollar financing — which once sounded like a story — has become real. The lender group includes IFC/IDA with up to $700 million, ADB with a $410 million package, DFC with up to $600 million, and US EXIM with $1.25 billion. Canada’s EDC is linked to a combined US EXIM–EDC tranche of $1.4 billion, while Germany’s KfW/Euler Hermes and Sweden’s EKN are reported as part of a combined $900 million European financing package. Finnvera of Finland is named in the lender group, though its individual dollar amount has not been publicly disclosed. Reuters reported that Reko Diq could generate up to $74 billion in free cash flow over 37 years. The first phase is expected to produce 200,000 tons of copper per year. A second phase could double that output. Production is expected by 2028. On a simple equity basis, the projected $74 billion in free cash flow would be shared as follows: Barrick Gold, with a 50 percent stake, would receive approximately $37 billion; the federal government (Pakistani SOEs), with a 25 percent stake, would receive approximately $18.5 billion; and the Government of Balochistan, with a 25 percent stake, would receive approximately $18.5 billion. Five facts: It is geology. It is copper. It is gold. It is Balochistan. It is exportable value. Reko Diq matters both to Pakistan and the world because the world is entering a copper age. Copper is the metal of electrification. Power grids need copper. Electric vehicles need copper. Renewable energy systems need copper. Data centres need copper. This is the good news: Pakistan has a world-scale asset at the exact moment the world needs copper. The reality: In the old energy economy, Pakistan imported oil, LNG and coal. In the new energy economy, Pakistan can export copper. Remember: Buried wealth is not national wealth – buried wealth becomes national wealth only when governance digs deeper than geology. Yes, the mountain is rich. The question is whether the state will be wise. Pakistan must treat Reko Diq not as a mine, but as a national development corridor. Pakistan must build rail. Pakistan must build power. Pakistan must build water systems. Pakistan must build local training institutes. Pakistan must build supplier networks. Pakistan must build a copper services industry. Pakistan must build transparency around royalties and provincial revenues. And Pakistan must build trust before distrust becomes more expensive than infrastructure. The good news is not that Pakistan has minerals. Pakistan has always had minerals. The good news is that Pakistan may finally be moving from possession to production. That is the difference. Reko Diq is not a loan. Reko Diq is not aid. Reko Diq is not a deposit. Reko Diq is an asset. If governed well, it can become a long-term stream of dollars, dividends, royalties, procurement, jobs and provincial income. Reko Diq will change Pakistan’s balance sheet. Pakistan must change the way it manages its assets. pakobserver.net/reko-diq-will-…













